TLDR · BIG TECH & STARTUPS
CRUISE EMPLOYEES ‘BLINDSIDED' BY GM'S PLAN TO END ROBOTAXI PROGRAM
Summary from the TLDR newsletter
Cruise CEO Marc Whitten announced that GM would no longer fund the company in a Slack message on Tuesday afternoon. Cruise will be absorbed into GM and combined with the automaker's own efforts to develop driver assistance features and eventually fully autonomous personal vehicles. It is unclear whether employees' jobs are safe. Several employees reported feeling blindsided by the decision - they had been following a roadmap to launch a driverless service in Houston in 2025.